secwatch.observer — SEC 8-K summary
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Issuer:     PJT Partners Inc. (PJT)
CIK:        0001626115
Form:       8-K
Filed at:   2021-10-26T23:59:59+00:00
Accession:  0001564590-21-051830
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PJT Partners Q3 revenue falls 22% to $231M; adjusted EPS $0.98 vs $1.01 last year
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- Advisory revenues $180M (-31% YoY) as restructuring decline offset strategic advisory growth.
- Placement revenues $47M (+48% YoY) on higher fund placement activity.
- GAAP diluted EPS $0.82; adjusted EPS $0.98; GAAP pretax margin 20.9%.
- YTD repurchased 2.9M share equivalents at avg $72.05; $91.9M remaining authorization.
- Paid special dividend of $3/share in Oct 2021; regular Q4 dividend $0.05 payable Dec 22.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1626115/000156459021051830/0001564590-21-051830-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1626115/000156459021051830/pjt-8k_20211026.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-051830

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer